banner_ad

Bank reconciliation audit observation reply

Internal Audit 872 views 1 replies

Dear Sir

I'm a job holder. Recently our internal audit give me observation on bank reconciliation. Thay says ' Monthly Bank Reconciliation not done and some outstanding cheques not yet adjusted'. But I do it monthly and about outstanding cheques, you know it's depend on management decisions. What should be my reply. Here i attached the report. 


Attached File : 2709225 20190215120251 management report bank.pdf downloaded: 201 times
Replies (1)

Dear

A cheque will become stale when to seizes it's validity period. The entry has to be reversed automatically.That's why it has been emphasized to mention the since realized date in the BRS.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details